Three nearly stabilized self-storage properties approaching stabilization with occupancies ranging between 86% to 92%
Two of the “three” properties are located directly adjacent to one another and stand to benefit from being operated as a single asset
Garland’s dense population, rising living costs, and limited residential space continue to create a robust demand for self-storage solutions
Garland’s strategic location within the Dallas- Fort Worth metroplex, robust employment growth, diverse economic base, growing population, and high quality of life make it an ideal investment destination, ensuring continued demand and stable market conditions
This portfolio is an excellent investment opportunity for a buyer looking to enter the market or expand their footprint with scale. The market fundamentals are healthy with less than 7.5 SF per person existing and material rent and occupancy upside at the sites
Cushman & Wakefield’s Self-Storage Advisory Group has been exclusively closed on the sale of three assets in Garland, TX.
